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Thursday, January 30, 2020 11:13:48 AM
"bad bank loans"??? ROFLMAO.
Toxic convertibles are neither bank supplied, nor loans.
They are VERY "bad" though.
And no, real companies do not take on toxic debt. They don't need to.
Toxic convertibles are neither bank supplied, nor loans.
They are VERY "bad" though.
And no, real companies do not take on toxic debt. They don't need to.
"There's a sucker born every minute, 2 to take him and 4 to lend him toxic debt" PT Barnum's investment advisor.
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